The company started selling precious-metal coins stamped with an image of Paul earlier this year, with the first one made of silver available in July. Part of the marketing for the coins involved a promise that part of the sale price would be donated to the Paul campaign.

But if the raid results in the conviction of anyone involved, it is possible that the Paul campaign may have to return a cash donation made by Liberty Dollar.

The silver coins, which weigh one troy ounce, were sold for $25 each, with $5 being promised to help fund Paul's presidential bid. The gimmick fit in well with Paul's campaign promise to bring back the gold standard of monetary policy in which precious metals would back paper dollars.

Quick! Hide Your Ron Paul Dollars

So far, Liberty Dollar has donated $2,300 to the Paul campaign, a fact confirmed by both Paul's office and Bernard von NotHaus, who runs Liberty Dollar.

As a result of the raid, prices for the silver coins have skyrocketed, with Ron Paul silver dollars, which were available from Liberty Dollar at $25 on Wednesday, selling for $220 on eBay recently.

Why has this currency been in existence for this long, and NOW it's being labelled illegal? I believe at one point, the S.S. actually APPROVED the legality...

I know I'm a RP supporter, and I look for things to make me feel like his chances are getting better and better, but I see this as a move against his current success and popularity gains, which means the establishment is afraid of a possible shift in status-quo due to so much awakening and awareness amongst so many people.

Why has this currency been in existence for this long, and NOW it's being labelled illegal? I believe at one point, the S.S. actually APPROVED the legality...

I know I'm a RP supporter, and I look for things to make me feel like his chances are getting better and better, but I see this as a move against his current success and popularity gains, which means the establishment is afraid of a possible shift in status-quo due to so much awakening and awareness amongst so many people.

I'm seeing a collective awakening happening amongst the masses.

Forget about my rant though, what's your take on this Toro?

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You will be shocked and amazed. I wondered the same thing, when I read the story days ago. Something about the timing hits me wrong and in all honesty, from my POV, naturally, it takes away from more serious connections.

I have no opinion other than some guy tried to pass coins off as legal tender, which is illegal. I don't think Ron Paul has anything to do with this, other than accept donations.

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Umm I don't know where you read that, but they never tried to pass off their coins as legal tender. They've been selling silver coins for a while now, and up to now, had a stamp of approval from someone at the Treasury dept.

Umm I don't know where you read that, but they never tried to pass off their coins as legal tender. They've been selling silver coins for a while now, and up to now, had a stamp of approval from someone at the Treasury dept.

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Maybe you're right, but I inferred it from here.

According to von NotHaus, the government move follows his efforts to sue the U.S. Mint, which in September had published warnings that von NotHaus's products were "not legal tender." Von NotHaus says he sued the U.S. Mint for slander after that proclamation.

The Liberty Dollar was never intended to be passed off as "legal tender for all debts, public and private". (I'm only quoting the Federal Reserve Note there, btw. no one else in particular)

There are a handful of businesses around the country who decided to take part in this, and accept the Liberty Dollars for the sale of their goods, ALONG WITH the US dollar.

Some people just liked the idea that there could be a trade of goods that involved hard backed currency. The only ones obviously who wold benefit from that specific trade would be the ones who involved themselves in it. It never at any time threatened the market, or unfairly adjusted competition to certain people or businesses.

It's no different than trading goods for anything else. Obviously, you would have been a complete moron if you weren't a parrticipator in the Liberty Dollar program with your business, and somehow unknowingly accepted a Liberty Dollar for the sale of your goods. They look nothing like the Federal Reserve Note. The only ones that could be criminally accountable for that, are any individuals trying to PASS IT OFF AS legal tender.

If anything, the people who WERE participating are now making nice profits off of the spontaneous scarcity of the L.D. due to this raid, which I STILL don't see the justification for.

Claudia Dickens, spokeswoman for the U.S. Treasury Department Bureau of Engraving & Printing, stated that according to the Treasury, The Liberty Dollar is legitimate.

"There's nothing illegal about this," Dickens said after the Treasury Department's legal team reviewed the currency. "As long as it doesn't say legal tender, there's nothing wrong with it."which it never did.

I mean, they say he's unelectable because he doesn't show high in polls that are conducted by land-line phone polling the whopping 6% of Republicans who bothered to show up and vote in the 2004 primaries, where Bush ran UNOPPOSED ANYWAY.

Ron's base consists of SO MANY PEOPLE who don't fill that demographic. The people who never voted before, the Republicans who didn't participate in 2004 primaries (94% of them), the people too young to vote in 04 anyway, all the people who are switching their party affiliation to Republican this year so they can vote for Ron. The people who don't even USE land-line phones to conduct their communicative lives, which is so many of RP's supporters...especially all the college students.

THAT, and the fact that he raises more money than the rest, and has more new donors than the rest, and that he gets more donations from military members than the rest...and you got yourself an electable candidate.

The fact is, there really is NO WAY of knowing how electable he really is, and how much support he really has, until the real vote happens. Only THEN, will we finally see.

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